Longkou Union Chemical Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	59.76	56.43	33.83	64.15	67.21	59.21
Depreciation & Amortization	15.36	15.36	14.8	13.3	13.52	12.5
Other Amortization	0.03	0.03	-	-	-	0.03
Loss (Gain) From Sale of Assets	-	-	-	-0.05	-0.1	0.38
Asset Writedown & Restructuring Costs	-0.29	-0.29	-0.16	0.3	0.79	-
Loss (Gain) From Sale of Investments	-0.37	-0.37	-0.14	-0.82	-0.54	-1.13
Provision & Write-off of Bad Debts	1.12	1.12	0.86	-2.15	2.1	0.31
Other Operating Activities	11.51	-1.79	0.31	-1.36	0.62	3.77
Change in Accounts Receivable	-18.48	-18.48	-12.25	22.28	-31.06	-10.56
Change in Inventory	-23.83	-23.83	31.41	-12.76	-29.7	-18.96
Change in Accounts Payable	13.39	13.39	-0.23	-13.73	10.13	-24.52
Change in Other Net Operating Assets	0.47	0.47	1.69	0.17	-0.44	-0.41
Operating Cash Flow	58.49	41.86	69.68	71.06	32.22	20.52
Operating Cash Flow Growth	11.36%	-39.94%	-1.93%	120.50%	57.03%	-49.34%
Capital Expenditures	-9.79	-8.84	-17.41	-15.92	-10.69	-6.32
Sale of Property, Plant & Equipment	0.11	0.02	0.1	0.15	0.22	0.38
Investment in Securities	-285	-35	15	-16.56	-18.29	29.41
Other Investing Activities	0.85	1.41	0.14	-	-	-
Investing Cash Flow	-293.84	-42.41	-2.17	-32.33	-28.76	23.47
Short-Term Debt Issued	-	-	-	-	-	30
Total Debt Issued	70.83	-	-	-	-	30
Short-Term Debt Repaid	-	-	-	-	-	-60.3
Total Debt Repaid	-	-	-	-	-	-60.3
Net Debt Issued (Repaid)	70.83	-	-	-	-	-30.3
Issuance of Common Stock	-	-	-	272.2	-	29.7
Common Dividends Paid	-22.64	-16	-14.4	-	-	-35.41
Other Financing Activities	-	-	-0.1	-14.44	-	-
Financing Cash Flow	48.19	-16	-14.5	257.76	-	-36.01
Foreign Exchange Rate Adjustments	2.16	2.93	0.68	2.2	-0.55	-2.75
Net Cash Flow	-185	-13.62	53.69	298.69	2.91	5.23
Free Cash Flow	48.7	33.01	52.28	55.14	21.54	14.2
Free Cash Flow Growth	30.44%	-36.85%	-5.19%	156.04%	51.65%	-62.23%
Free Cash Flow Margin	9.20%	6.17%	12.20%	10.17%	3.90%	3.00%
Free Cash Flow Per Share	0.43	0.29	0.47	0.59	0.26	0.18
Cash Income Tax Paid	7.89	6.29	0.39	-1.53	2.45	12.61
Levered Free Cash Flow	25.72	-0.85	24.55	39.15	-9.39	-26.65
Unlevered Free Cash Flow	25.87	-0.85	24.55	39.15	-9.39	-26.07
Change in Working Capital	-28.64	-28.64	20.19	-2.32	-51.38	-54.55

Source: S&P Global Market Intelligence. Standard template. Financial Sources.